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Tag Archives: Peso

Sales of food, cars slow in Argentina after peso crash as election looms

14 August 2019, 6:04 PM

Sales of everything from cars to food and beauty products slowed in Argentina following a collapse in the peso currency, as suppliers held back shipments while trying to calculate how the devaluation will affect consumer prices.

Argentina’s currency plunges as President’s re-election takes a blow

13 August 2019, 5:06 PM

Argentina’s peso dropped again on Tuesday as market turmoil spilled into a second day following opposition candidate Alberto Fernandez’s landslide victory in a primary election that dealt a severe blow to President Mauricio Macri’s re-election chances.

Argentina’s currency crisis a boon for foreign tourists

15 September 2018, 10:20 AM

Argentines may be feeling the pinch of their country’s economic woes, but for tourists, the troubled peso is proving a holiday boon.



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